Last10K.com

Cynosure Inc (CYNO) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Cynosure Inc

CIK: 885306 Ticker: CYNO

Exhibit 99.1

Contact:

 

Timothy Baker      Scott Solomon
President, Chief Operating Officer      Senior Vice President
and Chief Financial Officer      Sharon Merrill Associates
Cynosure, Inc.      (617) 542-5300
(978) 256-4200      CYNO@investorrelations.com
tbaker@cynosure.com     

Cynosure Announces Fourth-Quarter 2015 Results;

Achieves Record Quarterly Revenue of $102.4 Million, 19 Percent

Increase from Prior Year

Fourth-Quarter 2015 Highlights:

 

North America product revenue of $55.8 million, up 31 percent year-over-year

 

Non-GAAP earnings of $0.42 per diluted share; GAAP earnings of $0.31 per diluted share

 

Launch of SculpSure® platform for non-invasive fat reduction helps drive top-line performance

 

Cash and investments of $182.8 million at December 31, 2015

Full-Year 2015 Highlights:

 

Revenue of $339.5 million, up 16 percent year-over-year

 

Non-GAAP earnings of $1.08 per diluted share; GAAP earnings of $0.70 per diluted share

 

Cash flow from operations of $37.8 million

Westford, MA – February 9, 2016

– Cynosure, Inc. (Nasdaq: CYNO), which designs, manufactures and markets medical devices for aesthetic procedures and precision surgical applications worldwide, today reported financial results for the three months and year ended December 31, 2015.

“We capped a record year with fourth-quarter revenue of $102.4 million, improving margins and solid profitability in the quarter,” said Chief Executive Officer Michael Davin. “The successful launch of SculpSure, our new laser platform for non-invasive fat reduction, together with the strong performance of other products, including MonaLisa Touch®, Icon™ and PicoSure®, helped drive a 31 percent increase in product revenue from North America and enhance our competitive position in the market.”

“2015 was an outstanding year for Cynosure. We launched a second wavelength to our market-leading PicoSure platform and introduced SculpSure in the U.S. through our direct sales force as


The following information was filed by Cynosure Inc (CYNO) on Tuesday, February 9, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Cynosure Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Cynosure Inc.

Continue

Assess how Cynosure Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Cynosure Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income (loss)
Consolidated Statements Of Operations
Consolidated Statements Of Stockholders' Equity
Consolidated Statements Of Stockholders' Equity (parenthetical)
401(k) Plan
401(k) Plans - Additional Information (detail)
Acquisition
Acquisition (tables)
Acquisitions - Additional Information (detail)
Acquisitions - Estimated Fair Value Of Net Assets Acquired (detail)
Balance Sheet Accounts
Balance Sheet Accounts (tables)
Balance Sheet Accounts - Accrued Expenses (detail)
Balance Sheet Accounts - Additional Information (detail)
Balance Sheet Accounts - Other Noncurrent Liabilities (detail)
Balance Sheet Accounts - Other Noncurrent Liabilities (parenthetical) (detail)
Balance Sheet Accounts - Property And Equipment (detail)
Commitments And Contingencies
Commitments And Contingencies (tables)
Commitments And Contingencies - Additional Information (detail)
Commitments And Contingencies - Operating Facility, Certain Equipment And Vehicles Under Operating Lease And Capital Lease Agreements With Payments (detail)
Fair Value
Fair Value (tables)
Fair Value - Measurement Of Fair Value Hierarchy For Financial Assets (detail)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (tables)
Goodwill And Other Intangible Assets - Additional Information (detail)
Goodwill And Other Intangible Assets - Schedule Of Amortization Expenses On Intangible Assets (detail)
Goodwill And Other Intangible Assets - Schedule Of Changes To Goodwill (detail)
Goodwill And Other Intangible Assets - Schedule Of Components Of Other Intangible Assets (detail)
Income Taxes
Income Taxes (tables)
Income Taxes - Additional Information (detail)
Income Taxes - Changes In Gross Unrecognized Tax Benefits (detail)
Income Taxes - Income (loss) Before Income Tax Provision (benefit) (detail)
Income Taxes - Provision (benefit) For Income Taxes (detail)
Income Taxes - Reconciliation Of Federal Statutory Rate (detail)
Income Taxes - Significant Components Of Deferred Tax Assets And Liabilities (detail)
Nature Of The Business
Nature Of The Business - Additional Information (detail)
Segment And Geographic Information
Segment And Geographic Information (tables)
Segment And Geographic Information - Additional Information (detail)
Segment And Geographic Information - Schedule Of Long-lived Assets (property And Equipment Only) By Geographic Area (detail)
Segment And Geographic Information - Schedule Of Total Assets By Geographic Area (detail)
Segment And Geographic Information - Schedule Of Total Revenue By Geographic Destination (detail)
Short And Long-term Marketable Securities
Short And Long-term Marketable Securities (tables)
Short And Long-term Marketable Securities - Additional Information (detail)
Short And Long-term Marketable Securities - Schedule Of Available-for-sale Debt Securities Mature (detail)
Short And Long-term Marketable Securities - Schedule Of Marketable Securities (detail)
Stock-based Compensation
Stock-based Compensation (tables)
Stock-based Compensation - Additional Information (detail)
Stock-based Compensation - Stock Option Activity (detail)
Stock-based Compensation - Summary Of Rsu Grant And Unrecognized Compensation Expense (detail)
Stock-based Compensation - Summary Of Rsus Activity Under 2005 Plan (detail)
Stockholders' Equity
Stockholders' Equity - Additional Information (detail)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Accounts Receivable Allowance Activity (detail)
Summary Of Significant Accounting Policies - Activity In The Accrued Warranty Account (detail)
Summary Of Significant Accounting Policies - Additional Information (detail)
Summary Of Significant Accounting Policies - Changes To Accumulated Other Comprehensive Loss (detail)
Summary Of Significant Accounting Policies - Inventories (detail)
Summary Of Significant Accounting Policies - Schedule Of Reconciliation Of Basic And Diluted Shares (detail)
Summary Of Significant Accounting Policies - Summary Of Retrospectively Adjusted Tax (detail)
Summary Of Significant Accounting Policies - Summary Of Share-based Compensation Arrangement Fair Value Assumptions (detail)
Summary Of Significant Accounting Policies - Summary Of Stock-based Compensation Expenses (detail)
Summary Selected Quarterly Financial Data (unaudited)
Summary Selected Quarterly Financial Data (unaudited) (tables)
Summary Selected Quarterly Financial Data (unaudited) - Unaudited Consolidated Quarterly Results Of Operations (detail)
Summary Selected Quarterly Financial Data (unaudited) - Unaudited Consolidated Quarterly Results Of Operations (parenthetical) (detail)
Ticker: CYNO
CIK: 885306
Form Type: 10-K Annual Report
Accession Number: 0001193125-16-485689
Submitted to the SEC: Mon Feb 29 2016 5:25:22 PM EST
Accepted by the SEC: Mon Feb 29 2016
Period: Thursday, December 31, 2015
Industry: Electromedical And Electrotherapeutic Apparatus

External Resources:
Stock Quote
Social Media
SEC.gov

Bookmark the Permalink:
https://last10k.com/sec-filings/cyno/0001193125-16-485689.htm